What is the estimated amortization expense for definite-lived intangibles for Caption By Hyatt in 2026?

According to Caption By Hyatt's 2025 Franchise Disclosure Document, the estimated amortization expense for definite-lived intangibles in 2026 is $119.

Amortization is the process of gradually writing off the initial cost of an asset over its useful life. For a Caption By Hyatt franchisee, this figure represents a portion of the expense related to intangible assets that will be recognized in 2026. Intangible assets are non-physical assets such as brand names, customer relationships, and management agreements, which are amortized over their estimated useful lives.

This estimate is part of a broader projection of amortization expenses over several years, which Caption By Hyatt provides to give franchisees a sense of the expected financial impact of these intangible assets. Reviewing the amortization schedule can help a prospective franchisee understand the long-term financial implications of these assets and how they will affect the profitability of their franchise over time. It is important to note that these are estimates and actual expenses may vary.